MARC
WABARA - Hallmark Magic
Man
Marc Inyanagbo Wabara,
chairman/chief executive officer of Hallmark Bank Plc, is one
banker that has seen it all in the banking industry, having worked
in so many banks in
Nigeria
, before his appointment as the chief executive
of Hallmark Bank Plc.
Born 50 years ago, he
started his working career with the Nigerian Ports Authority NPA,
from where he moved to Mobil Producing and later to Metropolitan
Life Insurance Company in
New York
,
United States of America
. His
real banking career started in 1984 at the International Merchant
Bank of Nigeria Limited where he worked till 1988.
Hallmark Bank Plc is a
new generation bank that has been rendering quality services to
its numerous customers using the State of the art technology.
Today, Wabara, a highly
rated banker, is a performer and an achiever, who has taken
Hallmark Bank Plc to greater heights within the short period of
its existence.
Due to his diligence and
dedication to duty, Wabara has won National Award in Business
Administration. At the
University
of
Lagos
, he was the best graduating student in finance
in 1977, at the
Federal
Government
College
, Sokoto, he has the best WASC result in 1972.
He also won Financial Post Award for the banker of the year
in 1994, Rotaract Club of Federal University of Technology, Owerri
award in 1995, and Credit News Magazine distinguished Chief
Executive Award in 1997.
Wabara whoese hobbies
are football, tennis, reading and travelling is also a member of
University
of
Lagos Alumni
, Member Chartered Institute of Bankers of
Nigeria
, Member,
Institute
of
Management Consultants
,
Member
,
Nigeria
- China Friendship Association; and Chairman
of Abia Palm Nigeria Limited.
Wabara does not believe
that the woes of the national economy should be blamed on the
banking sector alone. He
is of the view that the Federal Government should do everything
humanly possible to provide and maintain the infastructure needed
for the economic growth of the country.
An advocate of a productive national economy, he believes
that the National Electric Power Authority NEPA, and Nigerian
Telecommunications Limited, NITEL, should be privatised to enhance
their efficiency.
He strongly believes in
the 10% Pre-tax policy which the Federal Government directed banks
to set aside to finance Small and Medium Scale Enterprises will be
engine-room of growth of the economy.
He is confident that Hallmark Bank Plc would fully
participate in the Scheme when it eventually takes off.
Wabara said that
Hallmark Bank Plc has been able to make some impact in the money
market because of its team of highly qualified and experienced
professionals, who are motivated to deliver their various quality
products to their numerous high networth individuals.
Newswatch Special Feature, Friday, 15 November 2002
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